A) Large scale manufacturing B) Hunting and gathering C) The barter system D) Subsistence agriculture
A) Serving in government assemblies B) Establishing a mercantile system of trade C) Working in an industrialized cities D) Having the same occupation as their parents
A) Wholesalers of agricultural goods make most of the decisions B) Officials of the government control all aspects of economic activity C) Supply and demand are determined by consumers of foodstuffs D) Manufacturers of industrial goods control the resources ![]()
A) Free Enterprise, Command, Mixed B) Mixed, Command, Free Enterprise C) Command, Mixed, Free Enterprise D) Free Enterprise, Mixed, Command
A) The privatization of business and production of goods and services B) The organization of workers’ unions in industrialized nations C) The government ownership, control and regulation of property D) The restoration of a bartering system in developing countries
A) The government sets the prices of products and the quantity of goods B) Prices are fixed by agreements among business leaders and labor unions C) All industries except smaller businesses are controlled by the government D) Prices change according to changes in the supply and demand for products
A) Prices are set by consumers B) Resources are allocated by government decisions C) There is a high rate of unemployment D) A variety of economic incentives encourage business growth
A) The success of the agricultural sector controls the manufacturer's goods B) Trade policies mandated that imports exceed exports C) They determine the type and quantity of goods to be produced through Five Year Plans D) They allow the laws of supply and demand to control the economy
A) Free Enterprise B) Socialist C) Traditional D) Communist
A) Consumers B) Bankers C) Government officials D) Farmers |